G
0.09
0.00%
Close of 9 Nov 2026, in THB
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At a glance
Figures in THB, from our data supplier.
Revenue
THB 10.75bn
FY2016FY2025
Net income
−THB 1.03bn
FY2016FY2025
Free cash flow
−THB 469.2m
FY2016FY2025
Shareholders' equity
THB 10.15bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | THB 10.75bn | THB 11.93bn | THB 12.48bn | THB 17.40bn | THB 18.41bn | THB 11.38bn | THB 12.92bn | THB 29.91bn | THB 15.18bn | THB 11.67bn |
| Gross profit | −THB 478.5m | −THB 442.2m | THB 120.4m | THB 1.20bn | THB 4.02bn | THB 190.1m | −THB 610.8m | THB 241.6m | THB 858.6m | THB 803.4m |
| Operating income | −THB 1.20bn | −THB 1.14bn | −THB 511.0m | THB 476.5m | THB 3.29bn | −THB 432.1m | −THB 1.00bn | −THB 360.7m | THB 448.5m | THB 178.6m |
| Net income | −THB 1.03bn | −THB 1.02bn | −THB 491.7m | −THB 3.14bn | THB 3.18bn | −THB 936.7m | −THB 1.80bn | −THB 835.9m | THB 990.3m | −THB 7.1m |
| Diluted earnings per share | -0.04 | -0.04 | -0.02 | -0.12 | 0.12 | -0.04 | -0.07 | -0.06 | 0.07 | -0.00 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | THB 12.13bn | THB 11.83bn | THB 12.85bn | THB 13.49bn | THB 16.62bn | THB 14.86bn | THB 15.49bn | THB 18.82bn | THB 19.55bn | THB 17.81bn |
| Cash and short-term investments | THB 1.10bn | THB 1.67bn | THB 2.24bn | THB 2.22bn | THB 800.5m | THB 106.6m | THB 424.1m | THB 201.0m | THB 578.1m | THB 610.1m |
| Total liabilities | THB 1.98bn | THB 655.0m | THB 655.0m | THB 791.8m | THB 783.5m | THB 2.20bn | THB 2.19bn | THB 5.61bn | THB 5.49bn | THB 5.87bn |
| Debt | THB 25.5m | THB 6.6m | THB 8.0m | THB 9.8m | THB 2.3m | THB 1.06bn | THB 1.05bn | THB 2.36bn | THB 2.96bn | THB 81.1m |
| Shareholders' equity | THB 10.15bn | THB 11.18bn | THB 12.20bn | THB 12.70bn | THB 15.84bn | THB 12.66bn | THB 13.29bn | THB 13.22bn | THB 14.05bn | THB 11.94bn |
| Shares outstanding | 25,487m | 25,487m | 25,487m | 25,487m | 25,487m | 25,487m | 25,487m | 13,928m | 14,518m | 11,033m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −THB 147.6m | −THB 386.7m | THB 320.3m | THB 1.62bn | THB 2.15bn | −THB 17.2m | THB 365.3m | THB 834.8m | −THB 1.30bn | THB 830.2m |
| Capital spending | −THB 321.6m | −THB 203.9m | −THB 318.9m | −THB 213.6m | −THB 201.6m | −THB 130.1m | −THB 114.0m | −THB 83.8m | −THB 9.9m | −THB 33.4m |
| Free cash flow | −THB 469.2m | −THB 590.6m | THB 1.4m | THB 1.40bn | THB 1.94bn | −THB 147.4m | THB 251.3m | THB 751.0m | −THB 1.31bn | THB 796.8m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | THB 4.06bn | THB 4.13bn | THB 2.86bn | THB 2.66bn | THB 2.94bn | THB 2.29bn | THB 2.54bn | THB 2.95bn |
| Gross profit | THB 88.4m | THB 95.2m | −THB 64.0m | −THB 97.6m | −THB 182.5m | −THB 145.4m | −THB 281.2m | −THB 238.9m |
| Operating income | −THB 129.9m | −THB 74.8m | −THB 217.4m | −THB 285.9m | −THB 379.8m | −THB 317.6m | −THB 454.4m | −THB 458.2m |
| Net income | −THB 89.9m | −THB 75.0m | −THB 180.3m | −THB 244.1m | −THB 310.9m | −THB 293.5m | −THB 377.8m | −THB 375.3m |
| Diluted earnings per share | -0.00 | -0.00 | -0.01 | -0.01 | -0.01 | -0.01 | -0.01 | -0.01 |
| Cash from operations | −THB 1.00bn | THB 518.0m | THB 420.0m | −THB 373.0m | −THB 18.0m | −THB 193.0m | −THB 559.0m | THB 128.0m |
| Capital spending | −THB 141.0m | −THB 74.0m | −THB 68.0m | −THB 145.0m | −THB 121.0m | −THB 78.0m | −THB 59.0m | −THB 12.0m |
| Free cash flow | −THB 1.14bn | THB 444.0m | THB 352.0m | −THB 518.0m | −THB 139.0m | −THB 271.0m | −THB 618.0m | THB 116.0m |
| Total assets | THB 12.18bn | THB 12.18bn | THB 12.13bn | THB 11.46bn | THB 12.06bn | THB 12.07bn | THB 11.83bn | THB 12.40bn |
| Cash and short-term investments | THB 395.5m | THB 1.55bn | THB 1.10bn | THB 750.9m | THB 1.26bn | THB 1.40bn | THB 1.67bn | THB 2.28bn |
| Debt | THB 7.2m | THB 4.5m | THB 4.1m | THB 4.1m | THB 4.6m | THB 4.3m | THB 6.8m | THB 7.8m |
| Shareholders' equity | THB 9.99bn | THB 10.08bn | THB 10.15bn | THB 10.33bn | THB 10.57bn | THB 10.89bn | THB 11.18bn | THB 11.56bn |
Financial ratios
Data as of 27 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | -4.5% | -3.7% | 1.0% | 6.9% | 21.9% | 1.7% |
| Operating margin | -11.2% | -8.5% | -3.9% | -18.3% | 18.0% | -3.8% |
| Net margin | -9.6% | -8.5% | -3.9% | -18.0% | 17.3% | -8.2% |
| Return on equity | -10.1% | -9.1% | -4.0% | -24.7% | 20.1% | -7.4% |
| Return on assets | -8.5% | -8.6% | -3.8% | -23.2% | 19.1% | -6.3% |
| Free cash flow yield | 6.8% | -7.2% | 25.1% | 71.8% | 92.1% | 4.4% |
| Revenue growth | -9.9% | -4.4% | -28.3% | -5.5% | 61.8% | -11.9% |
| Earnings growth | 1.0% | 107.2% | -84.3% | -198.7% | -439.3% | -47.9% |
| Current ratio | 2.46x | 8.20x | 8.90x | 7.22x | 5.62x | 1.24x |
| Debt to equity | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.08x |
| Equity ratio | 83.7% | 94.5% | 94.9% | 94.1% | 95.3% | 85.2% |
| Interest coverage | -1313.87x | -751.21x | -286.89x | -1015.38x | 23.43x | -1.72x |
| Buybacks as a share of market value | 0.0% | 0.0% | 0.0% | -0.0% | 0.0% | 0.0% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -14.8% | -1.1% | -1.3% |
| Operating income | — | 22.7% | 3.6% |
| Net income | -31.0% | 1.9% | -3.8% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | -4.1% | 0.8% | 5.6% | 3.5% |
| Operating margin | -10.3% | -4.5% | 0.6% | -0.7% |
| Net margin | -9.0% | -10.8% | -4.2% | -4.0% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -3.0 | -3.8 | -10.9 | -2.8 | 3.9 | -4.3 | -1.8 | -2.0 | 5.6 | -556.3 |
| Price to sales | 0.3 | 0.3 | 0.4 | 0.5 | 0.7 | 0.4 | 0.3 | 0.1 | 0.4 | 0.3 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 10-to-1 reverse split · 26 May 2015
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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